$ETH is ready to move to the upside.

2 Jan

ETH has been in a consolidation phase since December 16. This period was accompanied by a bearish divergence that appears to have played out. Now, ETH seems poised to pump again on the daily timeframe.

The correction was moderate, with a decline of -21%.

Several resistance and support levels are marked with my green lines. My refill box at $2900 was not reached, but the bottom at $3100 was successfully touched.

It looks like it's time to long ETH. Resistance levels are at $3700, $3800, and $4000 on the way up.

Let’s see how it performs.

DYOR!

6 Jan

Trade aktif

Everything is unfolding as expected, with ETH is stopped by the resistance at $3,660, as anticipated.

The overall trend remains bullish and is just beginning to gain momentum. The likelihood of reaching a new all-time high after breaking through this resistance and the next one is quite strong.

ETH is likely to reach $3,800 within a week.

The only significant risk of invalidation would come from a BTC crash; otherwise, the chart points to continued bullish movement.

8 Jan

Catatan

"The only significant risk of invalidation would come from a BTC crash; otherwise, the chart points to continued bullish movement."

ETH dropped to $3400 today, but it has nothing fundamental. It is 100% due to manipulation. I still think that ETH is on the way up. What I am not sure about is, maybe the ETF providers are manipulating ETH to cancel the alt season. I mean they are selling ETH so that the alt season cannot start, to protect their BTC holding to falling into bear market.

I am monitoring the price action. Hopefully the ETH whales will not fall into the trap and will not dump their holdings and ETH will get back on its feet quickly and continue its uptrend.

14 Jan

Trading ditutup secara manual

ETH has been disappointing lately, primarily due to BTC whales actively suppressing the altcoin market with repeated dump-and-pump tactics. It appears the whales are deliberately delaying the altcoin season, aiming to keep investors focused on holding BTC.

As a result, ETH has been dragged down, triggering a ripple effect that has pushed most altcoins into the red.

However, ETH has now entered my buy zone, signaling a solid opportunity to go long. While there’s a chance the whales could push ETH down further to $2800 to prolong the altcoin season delay and convert more altcoin holders into BTC supporters, a rebound is inevitable. It's only a matter of time before ETH recovers.